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News
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
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LCG, August 14, 2024 – LCG Consulting (LCG) has released its annual outlook of the ERCOT wholesale electricity market for 2025, highlighting the region's rapid transition toward increased reliance on renewable energy resources and battery storage.
Read more
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Industry News
FERC Suggests Outages Be Certified
LCG, Oct. 2, 2002--In light of continuing debate concerning last year's Western energy crisis and continuing concerns over true reserves or shortfalls in available generating capacity, the Federal Energy Regulatory Commission (FERC) is considering whether plant and transmission outages might be certified whenever they can be justified.William Hederman, in charge of market investigations for the agency, disclosed that such a policy could limit disagreement over generators' market participation in the distant past. FERC chairman Pat Wood III said to reporters that "I think certainly it would avoid a lot of the way-after-the-fact accusations to kind of have the ability to get a blessing up front that this one was kosher. I think that that ought to be available to parties that want that."The proposal is not a part of the current set of proposed market rules known as "standard market design," but according to Hederman, it has received positive responses from those who have heard the idea.
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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